US official denounces EU's fine of Musk's X, says Europe is taxing Americans
Published by Global Banking & Finance Review®
Posted on December 8, 2025
1 min readLast updated: January 20, 2026
Published by Global Banking & Finance Review®
Posted on December 8, 2025
1 min readLast updated: January 20, 2026
The FCC Chairman criticized the EU's fine on Musk's X, labeling it a tax on successful US tech companies. This highlights ongoing tensions over EU regulations.
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WASHINGTON, Dec 5 (Reuters) - The chairman of the U.S. Federal Communications Commission denounced the EU's fine of Elon Musk's social media company X on Friday for breaching EU online content rules.
"Once again, Europe is fining a successful U.S. tech company for being a successful U.S. tech company," FCC Chairman Brendan Carr said in an X post. "Europe is taxing Americans to subsidize a continent held back by Europe’s own suffocating regulations."
(Reporting by Katharine Jackson and Doina Chiacu; editing by Susan Heavey)
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